(Energy Analytics Institute, 21.Jan.2022) — Energy briefs including CSI Compressco LP’s (NASDAQ: CCLP) BODs of its general partner declaring a cash distribution attributable to the 4Q:21; and PDVSA’s US refining arm Citgo Petroleum being Venezuela’s most priced int’l asset.
NORTH AMERICA
US
— CSI Compressco LP’s (NASDAQ: CCLP) BODs of its general partner declared a cash distribution attributable to the 4Q:21 of $0.01 per outstanding common unit, or $0.04 per outstanding common unit on an annualized basis. The distribution will be paid on 4 Feb. 2022 to all common unitholders of record as of the close of business on 31 Jan. 2022, the co. said in an official stmt.
— Citgo Petroleum continues to owns three refineries in the US w/ a combined processing capacity of 769,000 b/d. It also owns terminals and pipelines across the US, according to details on its website. The Houston-based refinery, the US refining arm of PDVSA, is Venezuela’s most priced int’l asset and still under the protection of the US gov’t from seizure by bondholders or creditors looking to recoup losses w/ PDVSA and/or the Venezuelan gov’t.
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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
